Small-cap stock below ₹200 jumps 8% as board to consider stock split on THIS date

Stock Market Today: Small-cap stock below ₹200, Mini Diamonds (India) Limited, gained around 8% in the morning trade on Tuesday, as the company announced a board meeting next month to consider a proposal for a stock split or sub-division of equity shares.

As per the release on the exchanges by Mini Diamonds (India), a Board meeting is scheduled to be held on Monday, September 08, 2025, to consider the proposal of sub-division/split of existing equity shares of the company.

At the meeting, the small-cap company's Board of Directors will consider dividing and splitting existing equity shares with a face value of ₹10/- each, subject to member approval and regulatory/statutory approvals (if applicable).

In another development last week, the company said that it bagged an export order, boosting investor confidence in the small-cap stock.

On August 11, 2025, Mini Diamonds (India) received an export order for lab-grown cut and polished diamonds worth $215,000 (roughly ₹18,296,500) from a famous overseas client in Hong Kong.

MDIL has been making strong strides across Far East countries and has now added Hong Kong to its growing list of markets, with a $21,50,000 export order for its lab-grown cut and polished diamonds, the company said.

Mini Diamonds (India) Limited share price opened at 172 on the BSE on Monday. At the time of opening, the Mini Diamonds (India) Limited share price was around 0.065% higher compared to the previous trading session's closing price of ₹166.60. The Mini Diamonds (India) Limited share price thereafter rose to intraday highs of ₹179.95, which meant gains of around 8% during the intraday trades for small-cap stock.

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